Skip to main content

Should I use a broker for fundraising?

J
Written by Jasmine Sunga
Updated over 5 years ago

In general, we strongly discourage you from using brokers for fundraising. Brokers send a strong red flag to most VC's -- it's worse to get connected from a broker than to be introduced neutrally. And so, if this team is perceived as a broker by investors, that's generally a bad thing. Why? Because most VC's perceive brokers as being compensated / rewarded by completing fundraises -- so they know their interests are not aligned, and it makes them skeptical. It also questions why that VC has a competitive advantage in winning the deal.

Did this answer your question?